PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Class Community

West Des Moines, IA · Charter 64231

NCUA · 2 branches

Q2 2026

$95.8MAssets
$36.2MLoans
$85.7MShares
$10.3MNet Worth

Executive Summary

  • Earnings: ROA of 1.22%, down 6 bps year over year; NIM at 3.88%.
  • Asset quality: problem loans at 0.37% of loans (-69 bps YoY).
  • Capital: net worth / assets of 10.79%, up 126 bps from a year ago.
  • Funding: loans stand at 42.23% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.22%-6 bps YoY

Net Interest Margin (YTD, annualized)

3.88%+50 bps YoY

Efficiency Ratio (YTD, annualized)

73.43%+57 bps YoY

Net Worth / Assets

10.79%+126 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.44%0.41%0.66%1.28%1.42%1.38%1.05%1.22%-6 bps
Return on Equity4.84%4.57%7.32%13.48%14.11%13.16%10.16%11.31%-216 bps
Net Interest Margin2.79%2.80%3.21%3.38%3.51%3.89%3.79%3.88%+50 bps
Efficiency Ratio86.98%86.80%81.60%72.86%71.44%72.52%73.94%73.43%+57 bps
Growth
Asset Growth (YoY)-3.73%1.17%0.40%3.38%2.10%-1.30%-0.45%-0.13%-351 bps
Loan Growth (YoY)1.24%-3.02%-1.04%2.63%3.51%-0.20%-3.83%-4.71%-734 bps
Share Growth (YoY)-6.30%0.84%-0.25%2.17%0.37%-3.73%-2.56%-1.06%-324 bps
Asset Quality
Delinquent Loans / Loans1.06%1.11%1.18%1.06%0.43%0.33%0.40%0.37%-69 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.18%9.02%8.95%9.53%10.08%10.45%10.36%10.79%+126 bps
Net Worth / Assets9.18%9.02%8.95%9.53%10.08%10.45%10.36%10.79%+126 bps
Liquidity & Funding
Loans / Shares43.93%43.43%42.87%43.84%45.30%45.02%42.31%42.23%-161 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps